Create a stable deposit base for your bank without changing your operations.
Our experience shows that more than 90% of balances acquired via our program are proven long-term deposits.
Our proprietary deposit management system provides an adaptable, flexible program for deposit acquisition that is:
While our program rates are comparable to other wholesale funding options, there are no marketing or account maintenance costs, collateral or membership fees.
Our experienced team works with you to manage it all – from set up and implementation to daily emails and account reconciliation.
You’ll receive balances from across the country and across market segments from a variety of sources – individuals, municipalities and corporations – to create a diverse deposit base for your institution.
Compliance information that bank regulators and the FDIC require – including CIP, AML, tax reporting and statement processing – is handled by the source institutions.
You determine the target balance for deposits and the source of funds. Our proprietary web-based platform allows you to keep track of balances and activity.
TBSis your single point of contact – whether you have multiple accounts or just one – so you’ll always know who to call whenever you have a question or want to check on the status of any accounts.
TBS’ Insured Deposit Program offers National, Regional and Community Banks a cost-effective source of deposit funding. Our proprietary deposit management solutions are built upon strategic partnerships with strong financial institutions, proven proprietary processes and flexible pricing. The resulting program generates revenue by allowing the financial intermediary to insure the deposits of all clients – regardless of account type – without tying up their own capital and by creating a stable, diverse and cost-effective deposit base for a growing network of member banks.
You also get real-time access with DMS Navigator – our proprietary deposit management dashboard tool that provides you with the information you need, anytime.